SEOUL, Sept. 9 (Korea Bizwire) — Extreme heat wave in August is forecast to push up electricity costs for households by an average of 13 percent, the state-run power company said Monday. The average usage of electricity per household climbed 9 percent in August from a year earlier to come to 363 kilowatt-hours (kWh), which [...]
SEOUL, Aug. 26 (Korea Bizwire) – The National Fire Agency of South Korea reported a significant increase in wasp sting incidents as the prolonged heatwave has contributed to a rapid growth in wasp populations across the country. According to statistics released on August 25, wasp sting accidents have shown a consistent annual spike starting in July, [...]
YANGYANG, Aug. 21 (Korea Bizwire) – With sweltering temperatures persisting throughout the summer, beach resorts in Gangwon Province have seen a surge in visitors compared to previous years. However, the tourist hotspot of Yangyang County has experienced an unexpected decline, raising questions about changing travel patterns and local challenges. According to data released by Gangwon Province [...]
SEOUL, Aug. 13 (Korea Bizwire) – As a relentless heatwave drives electricity demand to record highs, South Korea’s business community has banded together to launch an energy conservation campaign. The Korea Chamber of Commerce and Industry (KCCI) announced on August 12 that it is spearheading the initiative alongside other major business organizations, including the Federation of [...]
SEOUL, Aug. 8 (Korea Bizwire) — With the mercury hitting highs of around 36 degrees Celsius, a sweltering heat wave that has stricken South Korea is now costing the lives of thousands of animals across the country. According to the Korea Centers for Disease Control and Prevention (KCDC), over 1,200 people fell ill due to [...]
SEOUL, April 27 (Korea Bizwire) – Sales of air conditioners and electric fans rose sharply this month from a year earlier, industry sources said Thursday, amid above-average temperatures that can be a sign of a hot summer to come. Lotte HiMart, a consumer electronics retailer, witnessed a whopping 180 percent increase in the sales of [...]
SEOUL, Aug. 6 (Korea Bizwire) – Summer heat is scorching the peninsula, but Korean households are refraining from using air conditioning units, with widespread worry over electricity bill ‘surprises’ resulting from the national progressive electricity billing system. The system was instituted to encourage frugal energy consumption by charging higher rates for higher electricity use. But [...]
SEOUL, Aug. 4 (Korea Bizwire) – Despite an unusual heat wave, sales of South Korean ice cream makers fell in July from a year earlier due to a growing market for alternative products, an excessive price war and other factors, industry sources said Thursday. Lotte Confectionery Co., a key food unit of South Korean retail [...]
ULSAN, July 29 (Korea Bizwire) – Companies in the southeastern city of Ulsan, marked by major shipyards and manufacturing plants, are on a special operational routine from early July to help their employees beat the summer heat worsened by fiery working environments, officials said Friday. Hyundai Heavy Industries, a leading shipbuilder headquartered in the city [...]
SEOUL, July 28 (Korea Bizwire) – Extreme heatwaves are sweeping across the globe, with temperatures in Iraq and Kuwait exceeding 50 degrees Celsius, China’s southern and western regions seeing daily highs over 40 degrees, and Southern California overcome by surging wildfires. Adding to the rising concerns, a team of Korean scientists from Seoul National University [...]